--- title: "Gansu Energy's subsidiary plans to invest 4.089 billion yuan to construct the Minqin 1 million kilowatt integrated wind and solar power project" type: "News" locale: "en" url: "https://longbridge.com/en/news/255738736.md" description: "Gansu Energy Holdings' subsidiary Gansu Electric Power Investment Minqin New Energy Co., Ltd. plans to invest 4.089 billion yuan to construct the Minqin 1 million kilowatt wind-solar integrated project. This project includes a 500MW wind power and a 500MW photovoltaic power station, with a construction period of 24 months. This move aims to expand the company's installed capacity for new energy generation, respond to national renewable energy policies, and increase power generation and business revenue" datetime: "2025-09-03T08:23:02.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/255738736.md) - [en](https://longbridge.com/en/news/255738736.md) - [zh-HK](https://longbridge.com/zh-HK/news/255738736.md) --- # Gansu Energy's subsidiary plans to invest 4.089 billion yuan to construct the Minqin 1 million kilowatt integrated wind and solar power project According to the Zhitong Finance APP, Gansu Energy (000791.SZ) announced that in order to further expand the company's installed capacity of renewable energy power generation, its controlling subsidiary Gansu Electric Power Investment Minqin New Energy Co., Ltd. (referred to as "Minqin Company") plans to invest in the construction of the Minqin 1 million kilowatt integrated wind and solar power project. The total dynamic investment for the project is 4.089 billion yuan, with capital accounting for 20% of the total investment, and the remainder sourced from bank loans and other means. Construction details include: a 500MW wind power plant and a 500MW photovoltaic power plant, with a total construction period of 24 months. The company's investment in the Minqin 1 million kilowatt integrated wind and solar power project is an important measure to actively respond to the national policy of vigorously developing renewable energy and to further expand the company's installed capacity of renewable energy. This will further promote the development of the company's main business, increase the installed capacity of renewable energy power generation and the proportion of renewable energy assets, and enhance the company's power generation volume and revenue from power generation business ### Related Stocks - [000791.CN](https://longbridge.com/en/quote/000791.CN.md) ## Related News & Research - [ZAWYA: “Energy is security”: Crescent Petroleum CEO tells Washington the Gulf crisis has become a whole-economy shock](https://longbridge.com/en/news/289180435.md) - [Assessing Saipem (BIT:SPM) Valuation After Strong Share Price Gains And Energy Infrastructure Growth Tailwinds](https://longbridge.com/en/news/289240934.md) - [GRAINS-Chicago soybeans gain on higher oil prices](https://longbridge.com/en/news/289263879.md) - [Rising costs push US shoppers toward value and essentials](https://longbridge.com/en/news/289121706.md) - [Indonesia's trade ministry faces barrage of questions from businesses over new export control plan](https://longbridge.com/en/news/289188122.md)